UK Stock Market News Today – 18-Oct-2019
EasyHotel (EZH) – 99p – £145m – PER 99
Trading Update For The 12 Months To End September 2019 – Revenue up 56% (owned LFL 7.7%, franchise LFL 1.6%), EBITDA to be circa £4.6m (I think this is a 10% or so miss), some opening delays mentioned too.
Doesn’t seem to warrant the current rating to me.
As always, all comment most welcome!